Sprott Inc. Has $1.07 Million Stake in Aberdeen Standard Physical Platinum Shares ETF (NYSEARCA:PPLT)

Sprott Inc. increased its position in shares of Aberdeen Standard Physical Platinum Shares ETF (NYSEARCA:PPLT) by 338.9% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 12,930 shares of the company’s stock after acquiring an additional 9,984 shares during the period. Sprott Inc. owned about 0.11% of Aberdeen Standard Physical Platinum Shares ETF worth $1,074,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently made changes to their positions in PPLT. CENTRAL TRUST Co bought a new stake in Aberdeen Standard Physical Platinum Shares ETF in the fourth quarter worth approximately $15,374,000. SG Americas Securities LLC grew its holdings in Aberdeen Standard Physical Platinum Shares ETF by 112.1% in the 4th quarter. SG Americas Securities LLC now owns 115,715 shares of the company’s stock valued at $9,610,000 after buying an additional 61,159 shares during the last quarter. Copley Financial Group Inc. bought a new position in Aberdeen Standard Physical Platinum Shares ETF in the 3rd quarter worth approximately $1,862,000. Consolidated Portfolio Review Corp acquired a new position in shares of Aberdeen Standard Physical Platinum Shares ETF during the fourth quarter worth approximately $1,276,000. Finally, International Assets Investment Management LLC bought a new stake in shares of Aberdeen Standard Physical Platinum Shares ETF in the third quarter valued at approximately $1,064,000.

Aberdeen Standard Physical Platinum Shares ETF Stock Up 0.3 %

Shares of PPLT stock opened at $88.43 on Wednesday. Aberdeen Standard Physical Platinum Shares ETF has a 1 year low of $80.15 and a 1 year high of $100.00. The firm’s fifty day simple moving average is $87.25 and its 200 day simple moving average is $88.10.

About Aberdeen Standard Physical Platinum Shares ETF

The abrdn Physical Platinum Shares ETF (PPLT) is an exchange-traded fund that is based on the Platinum London PM Fix index. The fund tracks the platinum spot price, less trust expenses, using platinum bullion. PPLT was launched on Jan 8, 2010 and is managed by Abrdn.